NJRB 5-177 New Jersey Partial Release of Mortgaged Premises Endorsement

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NJRB 5-177 New Jersey Partial Release of Mortgaged Premises Endorsement

Form Document
09/11/2019
V 2

ENDORSEMENT

Attached to Policy No.

Issued by

STEWART TITLE GUARANTY COMPANY

The Company insures against loss or damage sustained by the Insured in the event:

1.    the Insured Mortgage does not remain a valid and enforceable lien on that portion of the Land not released in that certain Release of a Portion of Mortgaged Property dated ________________, recorded _______, 20__, in Book ____ page ___ in the land records of _______ County (the “Release”); and

2.    the priority of the lien of the Insured Mortgage, on that portion of the Land not released, is adversely affected by the Release.

Dated: _________

STEWART TITLE GUARANTY COMPANY

By: _______________________________________

Authorized Signatory

No guidelines are available for this form at this time.